Question: Joe's Parlour is considering a project with an initial cost of $46,700. The project will produce cash inflows of $10,000 a year for the first

Joe's Parlour is considering a project with an initial cost of $46,700. The project will produce cash inflows of $10,000 a year for the first two years and $11,829 a year for the following three years. What is the payback period? O A. 3.26 years OB. 4.07 years O c. 4.26 years D. 3.74 years OE Project never pays back

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